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when 11 news saturday morning news continues. >>> in this morning's consumer alert the fiscal cliff could mean bad news at the supermarket as congress dives into negotiations that happened before the new year. if lawmakers don't approve a farm bill by then, the price of milk could shoot up. an average gallon costs $3.55. it could soar to between $6 and $8. it wouldn't be just milk prices. all dairy products would be affected. cheese, yogurt. it won't happen right away. the department of agriculture could take weeks to put a new program in place. >>> the start of the new year means you'll have to start thinking about filing 2012 taxes. even though there are just a few days left in the year, it's not too late to ensure you get a bigger return. >> the clock is ticking down on 2012 but you still got time to make your tack return a little bigger. >> charitable deductions you still have time to increase your charitable deductions. either through cash cribbings or noncash contributions through orringmizations like the goodwill, salvation army, things like that. >> those donations are tax deducti
when 11 news saturday morning news continues. >>> in this morning's consumer alert the fiscal cliff could mean bad news at the supermarket as congress dives into negotiations that happened before the new year. if lawmakers don't approve a farm bill by then, the price of milk could shoot up. an average gallon costs $3.55. it could soar to between $6 and $8. it wouldn't be just milk prices. all dairy products would be affected. cheese, yogurt. it won't happen right away. the department...
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senate leaders now holding crucial fiscal cliff talks on capitol hill rushing to come up with a last ditch agreement to avoid deep spending cuts and year end tax hikes affecting the lives of every american, i'm kelly wright. >> i'm heather childers in for jamie colby. the 11th he hour scramble after a crucial meeting on friday, between president obama and the leaders of the house and senate and urged lawmakers to urge them to do whatever it takes to cut a deal. >> i'm modestly optimistic that an agreement can be achieved. nobody is going to get 100% of what they want, but let's make sure that middle class families and the american economy and the world economy aren't adversely impacted because people can't do their jobs. >> chief congressional correspondent mike emanuel is live in washington with the latest, mike. >> heather discussions are underway and i'm told we should not expect any news or announcements before senators are briefed tomorrow afternoon. after a meeting with the president late friday, the senate majority leader sounded cautiously optimistic. >> we have one meeting i
senate leaders now holding crucial fiscal cliff talks on capitol hill rushing to come up with a last ditch agreement to avoid deep spending cuts and year end tax hikes affecting the lives of every american, i'm kelly wright. >> i'm heather childers in for jamie colby. the 11th he hour scramble after a crucial meeting on friday, between president obama and the leaders of the house and senate and urged lawmakers to urge them to do whatever it takes to cut a deal. >> i'm modestly...
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be sure to watch fox news sunday tomorrow. chris wallace talks fiscal cliff with u.s. senators lindsey graham and diane feinstein. check your local listings for the times. >> arthel: with a possible agreement being worked on behind closed doors to avoid going over the fiscal cliff, one casualty could be the defense department. severe financial cuts could hit every branch of the armed services. peter doocy and minutes -- examines. >> he did not say the word sequester. it would automatically cut more than $100 billion from the budget next year, half from domestic programs programs and m defense programs. as the deadline draws close, experts are looking at them from a national security aspect and warning about their impact on the safety of our service members. >> it's going to affect the operational force that's deployed in terms of its ability to maintain its equipment, to get repair parts, and that forces deployed around the world. not just the force that's in afghanistan that's being reduced. it would impact on the training of the force and its preparedness to conduct
be sure to watch fox news sunday tomorrow. chris wallace talks fiscal cliff with u.s. senators lindsey graham and diane feinstein. check your local listings for the times. >> arthel: with a possible agreement being worked on behind closed doors to avoid going over the fiscal cliff, one casualty could be the defense department. severe financial cuts could hit every branch of the armed services. peter doocy and minutes -- examines. >> he did not say the word sequester. it would...
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we'll be monitoring those fiscal cliff negotiations, and we'll have news and analysis. we'll also a look back at the year in stocks, and s&p's sam stovall joins us to pre-view what's next for the markets in the year ahead. it could be one of the biggest trends in business next year: companies setting aside time for their employees to play. ruben ramirez explains. >> reporter: it may be hard to remember those hot summer days on the playground. the freedom to let your mind wander. how times have changed. as companies slashed jobs during the great recession worker productivity surged, today, many people are doing the job multiple people once did. >> i think our culture has gone in some direction where we feel like if we took a break we'd be considered irrelevant in the workplace and they don't need me. >> reporter: cary umhau's firm spacious is trying to re- introduce the idea of play to the workplace. tech companies have embraced play for years. at google employees get one day a week to work on their own projects. gmail and google news were born from that free time. >> in
we'll be monitoring those fiscal cliff negotiations, and we'll have news and analysis. we'll also a look back at the year in stocks, and s&p's sam stovall joins us to pre-view what's next for the markets in the year ahead. it could be one of the biggest trends in business next year: companies setting aside time for their employees to play. ruben ramirez explains. >> reporter: it may be hard to remember those hot summer days on the playground. the freedom to let your mind wander. how...
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including a behind thescopies look at the negotiations to avoid that looming fiscal cliff. plus, the ten biggest scandals of 2012. they involve some of the most well-known names in sports, politics and entertainment. >>> and what were the hottest apps of the year? well, we will tell you and reveal what app you need to watch for in 2013. [ lisa ] my name's lisa, and chantix helped me quit. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, -- captions by vitac -- or afte. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serious allergic or skin reaction to it. if you develop these stop taking chantix
including a behind thescopies look at the negotiations to avoid that looming fiscal cliff. plus, the ten biggest scandals of 2012. they involve some of the most well-known names in sports, politics and entertainment. >>> and what were the hottest apps of the year? well, we will tell you and reveal what app you need to watch for in 2013. [ lisa ] my name's lisa, and chantix helped me quit. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along...
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cliff that comes on new year's day. but after a meeting at the white house, the president said he is hopeful. >> i just had a good and constructive discussion at the white house with senate and house leadership about how to prevent this tax hike on the middle class. and i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. >> cnn's chief business correspondent ali velshi joins us from new york with some very good insight. senate majority leader harry reid has said if they don't reach something by monday he'll bring forward a bill to help out the middle class for an up-and-down vote. >> right. >> put everybody on the record, but especially republicans. isn't that the tactic? >> exactly right. the step before that is harry reid is working on some bill that might get bipartisan support in the senate. president obama in that meeting apparently told them try and work something out. and reid left and made a stateme
cliff that comes on new year's day. but after a meeting at the white house, the president said he is hopeful. >> i just had a good and constructive discussion at the white house with senate and house leadership about how to prevent this tax hike on the middle class. and i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. >> cnn's chief business correspondent ali velshi...
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the fiscal cliff. a fiscal cliff special coming up new year's day. i have to go to bed early. too bad. >> sorry. >>> the next hour of "cnn saturday morning" begins right now. -- captions by vitac -- www.vitac.com >>> good morning, everyone. i'm alison kosik. >> and i'm chp cristi paul. we hope this saturday's been good to you so far. >>> and hope coming from washington with negotiations going on this weekend between the two top senate leaders. cnn radio capitol hill correspondent lisa desjardins is in washington. good morning, lisa. you were on capitol hill yesterday for all of the political action between president obama, congressional leaders. do you think we're closer to a deal? i'm hearing optimism from the president. is that real or is that imagined? >> reporter: right. what do you say? mod deftly or moderately optimistic he said? i think it's for real. people have wanting to get to this point for even a chance at a deal. that's where we are. not a deal yet but there's a chance for a deal. now two senators being the principal negotiators. mitch mcdonaconnell and harry r.
the fiscal cliff. a fiscal cliff special coming up new year's day. i have to go to bed early. too bad. >> sorry. >>> the next hour of "cnn saturday morning" begins right now. -- captions by vitac -- www.vitac.com >>> good morning, everyone. i'm alison kosik. >> and i'm chp cristi paul. we hope this saturday's been good to you so far. >>> and hope coming from washington with negotiations going on this weekend between the two top senate leaders....
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street is reacting to the looming fiscal cliff. >> we've come right to the 11th hour. the -- the fact that there's going to be a substantive deal that comes out of this in the 11th hour is probably nil to zero, right? essentially in my sense, it's easier to go over the cliff. then there's clarity, right? taxes will go up, spending will get cut. the market will know what is going to happen. it can only get better from there because then you'll get legislators that come to the table, that try to cut taxes and raise some spending, and they'll argue it from a positive point of view and stand up and say, rah-rah, look what we, did right? it won't get any worse if we go over the cliff. if there's a bandaid, it leaves complete confusion, there is no clarity, the market will probably react more negative than actually going over the cliff. i think that's what investors have to be concerned about. now, that being said, i don't think the market's going to crash by any sense. but -- i think there's a lot of money still on the streamlines that needs to be invest -- the sidelines th
street is reacting to the looming fiscal cliff. >> we've come right to the 11th hour. the -- the fact that there's going to be a substantive deal that comes out of this in the 11th hour is probably nil to zero, right? essentially in my sense, it's easier to go over the cliff. then there's clarity, right? taxes will go up, spending will get cut. the market will know what is going to happen. it can only get better from there because then you'll get legislators that come to the table, that...
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the president holds a last-minute press conference and calls on the senate to act on the fiscal cliff. but with four days to go, will his push make a difference? >>> plus, politicians promised that the newtown shooting would change our national debate on guns. are those just empty promises? >>> we count down the top five political rivalries. who won, who lost, what it means for 2013. let's go "outfront." >>> breaking news. the president makes an 11th hour announcement tonight putting the pressure squarely on the senate so broker a deal on the fiscal cliff. >> senators reid and mcconnell are working on such an agreement as we speak. but if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up or down vote, one that protects the middle class from an income tax hike, extends the vital life line of unemployment insurance to 2 million americans looking for a job, and lays the groundwork for future cooperation on more economic growth and deficit reduction. >> and just moments ago, senator
the president holds a last-minute press conference and calls on the senate to act on the fiscal cliff. but with four days to go, will his push make a difference? >>> plus, politicians promised that the newtown shooting would change our national debate on guns. are those just empty promises? >>> we count down the top five political rivalries. who won, who lost, what it means for 2013. let's go "outfront." >>> breaking news. the president makes an 11th hour...
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erin is back next week and we'll be following all of the late breaking developments on the fiscal cliff negotiations which it will be a working weekend in washington. have a great weekend and a happy new year. "piers morgan" is next. horsepower than prius v,hae a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. comfort individualized. save 50% on the final closeout of our silver limited edition bed plus special financing through new years day. restore revive rejuvenate rebuild rebuild rebuild [ male announcer ] when diarrhea hits, kaopectate stops it fast. powerful liquid relief speeds to the source. fast. [ male announcer ] stop the uh-oh fast with kaopectate.
erin is back next week and we'll be following all of the late breaking developments on the fiscal cliff negotiations which it will be a working weekend in washington. have a great weekend and a happy new year. "piers morgan" is next. horsepower than prius v,hae a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair...
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the president said he is modestly optimistic about a fiscal cliff deal getting done before new year's eve. >> clayton: they all said the same thing. presidential meeting with the leaders yesterday. harry reid. >> juliet: vice president showed up. >> clayton: they must have been all on the same table hey whether we lee this table we will say modestly optimistic. listen to senator mitch mcconnell who may be the linchpin of this whole thing. he said i will take the ball and run with it in the senate. get a deal done. listen to the senator. >> we had a good meeting at the white house. we are engaged in discussions the majority leader and myself and the white house in the hopes that we can come forward sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. we will be working hard to see if we can get there in the next 24 hours. so i'm hopeful and optimistic. >> charles krauthammer calling him a master negotiator. saying if it were left up to him he could solve the syrian civil war in a weekend. >> dave: he can get it done but t
the president said he is modestly optimistic about a fiscal cliff deal getting done before new year's eve. >> clayton: they all said the same thing. presidential meeting with the leaders yesterday. harry reid. >> juliet: vice president showed up. >> clayton: they must have been all on the same table hey whether we lee this table we will say modestly optimistic. listen to senator mitch mcconnell who may be the linchpin of this whole thing. he said i will take the ball and run...
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>>> this is fox 5 news at 10:00. >>> tonight a last ditch effort to avoid fiscal cliff is underway. both parties calling for an agreement as the deadline nears. >> but tonight we are going to begin with a winter weather alert, another round of snow heading our way. thanks for joining us tonight. a winter weather advisory for the d.c. area will go into effect in just a few hours. fox 5's gary mcgrady has the latest tonight. >> thanks a lot. cold out there tonight is the first thing you'll notice. the snow is still hours away now. temperatures outside really dropping out in the suburbs, frederick right now 28, baltimore 32, here in town holding at 38 degrees, manassas is freezing, culpeper freezing, winchester freezing, martinsburg below. once this precipitation overspreads the area, i think it's going to start as all snow, here's what we're talking about. we're already beginning to see the faintest of returns back out to the west just about to cross over into at least parts of extreme western virginia. most of west virginia is covered up with some sort of precipitation now. distinct
>>> this is fox 5 news at 10:00. >>> tonight a last ditch effort to avoid fiscal cliff is underway. both parties calling for an agreement as the deadline nears. >> but tonight we are going to begin with a winter weather alert, another round of snow heading our way. thanks for joining us tonight. a winter weather advisory for the d.c. area will go into effect in just a few hours. fox 5's gary mcgrady has the latest tonight. >> thanks a lot. cold out there tonight is...
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anal list on the fiscal cliff showdown, we welcome bill cunningham and joe trippi. gentlemen, welcome back to "hannity." >> sean: how is it possible the president only wanted $800 billion in cuts during the campaign and now wants almost double that and the president in this meeting today stayed on the original position when keeps lecturing america about a balanced approach. he hasn't moved an iota, an inch. how is that bald? balanced? his way tore the highway? >> he moved a lot. he moved to 400,000 as the top -- >> sean: no, he hasn't. i talked to people in the meeting today. people in the meeting today say he stayed right by his position of $250,000 and didn't back off an inch today. >> first of all, i wasn't in the room and you weren't in the room. i haven't talked to people who were in the room. publicly he has said that he has offered $400,000. but the problem is boehner couldn't even get the house caucus his house caucus to support it at a million. so we can talk about what -- and the president's offer has talked about change cpi which democrats are appalled th
anal list on the fiscal cliff showdown, we welcome bill cunningham and joe trippi. gentlemen, welcome back to "hannity." >> sean: how is it possible the president only wanted $800 billion in cuts during the campaign and now wants almost double that and the president in this meeting today stayed on the original position when keeps lecturing america about a balanced approach. he hasn't moved an iota, an inch. how is that bald? balanced? his way tore the highway? >> he moved...
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fiscal cliff? very important. public safety and gun violence? very important. getting people back to work in america? very important. we can actually do more than one thing at a time. mayors across the country do that every day. >> well said. thank you very much, mayor michael nutter. happy new year to you, sir. up next, the best political movies of the year. i love this segment, of course. and this is "hardball," the place for politics. >>> welcome back to "hardball." this is a big time of year to catch up on the movies you missed this year. we've seen a lot of movies with political themes this year. here to discuss them is new york magazine film critic, david edelstein. there's a lot of politics in movies this year, especially "lincoln." let's take a look at the film, a piece of it. >> please, first common notion is this. things which are equal to the same thing are equal to each other. that's a rule with mathematical reasoning. it's true because it works. has done and always will do. in his book, hmm. he says this is self evident. you see, there it is. even
fiscal cliff? very important. public safety and gun violence? very important. getting people back to work in america? very important. we can actually do more than one thing at a time. mayors across the country do that every day. >> well said. thank you very much, mayor michael nutter. happy new year to you, sir. up next, the best political movies of the year. i love this segment, of course. and this is "hardball," the place for politics. >>> welcome back to...
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fiscal cliff? very important. public safety and gun violence? very important. getting people back to work in america? very important. we can actually do more than one thing at a time. mayors across the country do that every day. >> well said. thank you very much, mayor michael nutter. happen any newier to you, sir. up next, the best political movies of the year. i love this segment, of course. and this is "hardball," the place for politics. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. of green giant vegetables it's easy to eat like a giant... ♪ and feel li
fiscal cliff? very important. public safety and gun violence? very important. getting people back to work in america? very important. we can actually do more than one thing at a time. mayors across the country do that every day. >> well said. thank you very much, mayor michael nutter. happen any newier to you, sir. up next, the best political movies of the year. i love this segment, of course. and this is "hardball," the place for politics. ♪ [ male announcer ] this is karen...
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saying the hour for immediate action is here" to avoid the fiscal cliff. if there's no deal by midnight december 31st. there will be automatic tax increases and spending cuts. we'll have more from our political analyst in a minute - but first. kron 4's justine waldman is back with more on our developing story. >> reporter: after meeting with bi-partisan leaders friday, the president said no one will get 100-percent of what they want. he said if congress can't reach a deal. congress should allow a vote on a basic package that would preserve tax cuts for middle-class americans, >> i am optimistic that we can still pass a deal in both houses in time, mitch mcconnell, and harry reid are working on an agreement as we speak >> i have my confidence destroyed on other occasions and so i hope it is not on this occasion the timing, we have to do it now that is what the next 24 hours will be very important. >> we had a good meeting in the white house we are engaged in discussions with the majority, the leader and myself in hopes that we can come forward as early as s
saying the hour for immediate action is here" to avoid the fiscal cliff. if there's no deal by midnight december 31st. there will be automatic tax increases and spending cuts. we'll have more from our political analyst in a minute - but first. kron 4's justine waldman is back with more on our developing story. >> reporter: after meeting with bi-partisan leaders friday, the president said no one will get 100-percent of what they want. he said if congress can't reach a deal. congress...
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offer on the fiscal cliff. the house minority leader said the meeting moved negotiations forward. so where do we actually stand on all of this? fox business's rich edson is at the white house with more and did they really move this forward and is that a good sign? what do they mean? >> well, adam, they're still assessing the fallout from this meeting, democrats and republicans. leadership returned to the hill right now and basically what we've got from the start of this meeting according to a senior administration official president obama began by offering essentially what he laid out in a speech a week ago which is to keep taxes where they are for families earning less than $250,000 a year and to extend long-term unemployment insurance benefits that is basically just a small slice of what the president had been proposing for quite some time. the administration official also says that the president is putting it on republicans to come up with a counteroffer that they say can pass the house and the senate. if no
offer on the fiscal cliff. the house minority leader said the meeting moved negotiations forward. so where do we actually stand on all of this? fox business's rich edson is at the white house with more and did they really move this forward and is that a good sign? what do they mean? >> well, adam, they're still assessing the fallout from this meeting, democrats and republicans. leadership returned to the hill right now and basically what we've got from the start of this meeting according...
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they may have the political advantage of this deal, but the fiscal cliff could tip the country back into a recession. consumers are worried they'll start to pick up on the news and once it hits their paychecks they'll definitely feel it. >> do you think the consumers are paying as close attention as we'd like to think that they are. i think they are even though it's holiday time and going back to businesses and i was at the white house when president obama had a series of businesses with small business and big business owners and all of them had the same message. we want consumer confidence to remain strong and we want certainty for our businesses and even a ceo like lloyd blankfein of goldman sachs was out there and said he doesn't want taxes to go up on anybody, but compromise is the order of the day and from congress for business leaders. >> david jackson, you mentioned the white house has the political upper hand here. do you think if a new deal is reached that they maintain the political upper hand going into january and going into february as the debt limit negotiations start? >> t
they may have the political advantage of this deal, but the fiscal cliff could tip the country back into a recession. consumers are worried they'll start to pick up on the news and once it hits their paychecks they'll definitely feel it. >> do you think the consumers are paying as close attention as we'd like to think that they are. i think they are even though it's holiday time and going back to businesses and i was at the white house when president obama had a series of businesses with...
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on sunday, we will talk about - the latest on the so-called fiscal cliff. followed by a look at president obama's cabinet. our guest is david jackson. then a look at what is next for iraq. we are joined by a new york times correspondent, michael gordon. washington journal, live at 7:00 eastern on c-span. >> next, chief justice john roberts talks to students about issues like justices working together. he says reporters are too quick to label supreme court justices liberal or conservative. from rice university, this is just under an hour. [applause] >> thank you very much. thank you, and thank you, david, for that gracious introduction, and for all of you for a very warm welcome. this is my first visit to rice, and i'm glad i have come. president leebron told you that i cannot talk about anything current, future, or past, so my remarks will be brief. [laughter] i have had the pleasure of knowing david for 35 years. he was a president back then, too, of the "harvard law review." we are used to holding the reins of power. a chief justice also holds the reins o
on sunday, we will talk about - the latest on the so-called fiscal cliff. followed by a look at president obama's cabinet. our guest is david jackson. then a look at what is next for iraq. we are joined by a new york times correspondent, michael gordon. washington journal, live at 7:00 eastern on c-span. >> next, chief justice john roberts talks to students about issues like justices working together. he says reporters are too quick to label supreme court justices liberal or conservative....
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we'll be monitoring those fiscal cliff negotiations, and we'll have news and analysis. we'll also a look back at the year in stocks, and s&p's sam stovall joins us to pre-view what's next for the markets in the year ahead. it could be one of the biggest trends in business next year: companies setting aside time for their employees to play. ruben ramirez explains. >> reporter: it may be hard to remember those hot summer days on the playground. the freedom to let your mind wander. how times have changed. as companies slashed jobs during the great recession worker productivity surged, today, many people are doing the job multiple people once did. >> i think our culture has gone in some direction where we feel like if we took a break we'd be considered irrelevant in the workplace and they don't need me. >> reporter: cary umhau's firm spacious is trying to re- introduce the idea of play to the workplace. tech companies have embraced play for years. at google employees get one day a week to work on their own projects. gmail and google news were born from that free time. >> in
we'll be monitoring those fiscal cliff negotiations, and we'll have news and analysis. we'll also a look back at the year in stocks, and s&p's sam stovall joins us to pre-view what's next for the markets in the year ahead. it could be one of the biggest trends in business next year: companies setting aside time for their employees to play. ruben ramirez explains. >> reporter: it may be hard to remember those hot summer days on the playground. the freedom to let your mind wander. how...
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. >> brown: the final weekend has now arrived before the fiscal cliff hits on new year's day and with it, more than $600 million in tax hikes and spending cuts. in a last bid for a deal, president obama stated his terms face-to-face to top republicans and democrats. >> congressional leaders arrive ted white house this afternoon for their first group meeting with the president since november 16th. vice president biden and treasury secretary timothy geithner also attend. but there was little to suggest the makings of an 11th hour bargain. a source familiar with the meeting told the newshour its president is sticking with his offer from last friday. it included keeping the bush era tax break force the middle class but raising tax rates on incomes over 250,000 dollars a year. president also wants to extend unemployment benefits for some 2 million americans who will lose them in the new year. and a proposal would delay any spending cuts. the president asked for an up or down vote on his plan unless there is a counter proposal that will pass both the house and senate. a little more than an
. >> brown: the final weekend has now arrived before the fiscal cliff hits on new year's day and with it, more than $600 million in tax hikes and spending cuts. in a last bid for a deal, president obama stated his terms face-to-face to top republicans and democrats. >> congressional leaders arrive ted white house this afternoon for their first group meeting with the president since november 16th. vice president biden and treasury secretary timothy geithner also attend. but there was...
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starting president day, february 18. >> tomorrow on washington journal, we will lokke fiscal cliff negotiations and also how americans across the income spectrum will be affected if the deadline passes without a deal. our guest is with the tax policy center. ball by a look at presidential campaigning and the influence of the electoral college with author of the rise of the president permanent campaign. later, an update on hurricane sandy release still making its way through congress. we are a dime by dan faymann. live at seven easton on c-span. >> next, an engineer and entrepreneur in the aerospace community, contrasts today's space program to the pioneering days of space -- space exploration days ago and talked about the history of manned space flight. he designed spaceship one that completed the first manned private space flight in 2004. the voyager aircraft in 1986 became the first airplane to fly nonstop around the world without refueling. this is about an hour and a half. >> i am going to talk about meanly two things. there is inspiration. inspiration for our kids so they can be innovative
starting president day, february 18. >> tomorrow on washington journal, we will lokke fiscal cliff negotiations and also how americans across the income spectrum will be affected if the deadline passes without a deal. our guest is with the tax policy center. ball by a look at presidential campaigning and the influence of the electoral college with author of the rise of the president permanent campaign. later, an update on hurricane sandy release still making its way through congress. we...
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. >>> coming up, more on tonight's breaking news of the fiscal cliff with former labor secreta secretary, robert reich, and amanda turco of "the huffington post." >>> then, chicago reaches the tragic milestone of 500 homicides in 2012. reverend jesse jackson will join me to discuss curbing gun violence in our cities. we'll be right back. sure. decaf or regular? regular. cake or pie? pie. apple or cherry? cherry. ♪ oil or cream? oil or cream? cream. [ male announcer ] with reddi-wip, a slice of pie never sounded better. that's because it's always made with real cream, never hydrogenated oil like some other whipped toppings. the sound of reddi-wip is the sound of joy. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. comfort individualized. save 50% on the final closeout of our silver limited edition bed plus s
. >>> coming up, more on tonight's breaking news of the fiscal cliff with former labor secreta secretary, robert reich, and amanda turco of "the huffington post." >>> then, chicago reaches the tragic milestone of 500 homicides in 2012. reverend jesse jackson will join me to discuss curbing gun violence in our cities. we'll be right back. sure. decaf or regular? regular. cake or pie? pie. apple or cherry? cherry. ♪ oil or cream? oil or cream? cream. [ male announcer...
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. ♪ ho ho ho ♪ green giant >>> coming up, more on tonight's breaking news of the fiscal cliff with former labor secretary, robert reich, and amanda turco of "the huffington post." >>> then, chicago reaches the tragic milestone of 500 homicides in 2012. reverend jesse jackson will join me to discuss curbing gun violence in our cities. we'll be right back. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >>> so the american people are watching what we do here. obviously, their patience is already thinning. this is deja vu all over again. america wonders why it is that in this town, for some reason, you can't get stuff done in an or
. ♪ ho ho ho ♪ green giant >>> coming up, more on tonight's breaking news of the fiscal cliff with former labor secretary, robert reich, and amanda turco of "the huffington post." >>> then, chicago reaches the tragic milestone of 500 homicides in 2012. reverend jesse jackson will join me to discuss curbing gun violence in our cities. we'll be right back. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you...
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. >>> coming up, more on tonight's breaking news of the fiscal cliff with former labor secretary, robert reich, and amanda turco of "the huffington post." >>> then, chicago reaches the tragic milestone of 500 homicides in 2012. reverend jesse jackson will join me to discuss curbing gun violence in our cities. we'll be right back. >>> so the american people are watching what we do here. obviously, their patience is already thinning. this is deja vu all over again. america wonders why it is that in this town, for some reason, you can't get stuff done in an organized timetable. >> when the president has to quote yogi berra, you know it's tough. that was president obama lamenting the state of affairs in washington, d.c. indeed, today's congress is on track to go down as the least productive congress since recordkeeping began. the 112th congress will come to a merciful end in early january. it has passed 219 bills that have actually been signed into law by president obama, according to the "huffington post." many of them insignificant measures like naming post offices. speaker john boehner's
. >>> coming up, more on tonight's breaking news of the fiscal cliff with former labor secretary, robert reich, and amanda turco of "the huffington post." >>> then, chicago reaches the tragic milestone of 500 homicides in 2012. reverend jesse jackson will join me to discuss curbing gun violence in our cities. we'll be right back. >>> so the american people are watching what we do here. obviously, their patience is already thinning. this is deja vu all over...
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in denver, alicia acuna, fox news. >> harris: while the nation teeters on the end of a fiscal cliff, we did avert another potential disaster today at least for now. the temporary deal to keep billions of dollars of goods flowing from ports from boston to houston. coming up. plus the fbi has again released its file on marilyn monroe. this time minus all of the redactions. what the documents say about her and her suspected ties to communism ahead. and word that president george h.w. bush is improving and even singing in the hospital. that's coming up as we approach the bottom of the hour and the top of the news. [ cellphone chirping ] [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand t
in denver, alicia acuna, fox news. >> harris: while the nation teeters on the end of a fiscal cliff, we did avert another potential disaster today at least for now. the temporary deal to keep billions of dollars of goods flowing from ports from boston to houston. coming up. plus the fbi has again released its file on marilyn monroe. this time minus all of the redactions. what the documents say about her and her suspected ties to communism ahead. and word that president george h.w. bush is...
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there's no deal, no new offer on the fiscal cliff crisis. president obama has just told the two senate leaders they should make the deal. the results immediately felt in the financial markets. look where the dow closed down 158 points when it became very clear nothing was happening and now take a look at where the numbers are in the after markets. we would open now down 315 points on the dow if we started trading now. down 315 points. we have much more on this throughout the rest of the program, but the market's very unhappy. we do have some good news to report tonight. looks like at least one cliff has been averted for the time being. the so-called container cliff. the union that represents dock workers and u.s. maritime lines came to an agreement today to extend their current contract for 30 days. this is a big relief now for the retail industry and consumers who were staring at real destruction again for the supply chain. here now is jonathan gold and he's vice president of supply chain and customs policy for the national retail federatio
there's no deal, no new offer on the fiscal cliff crisis. president obama has just told the two senate leaders they should make the deal. the results immediately felt in the financial markets. look where the dow closed down 158 points when it became very clear nothing was happening and now take a look at where the numbers are in the after markets. we would open now down 315 points on the dow if we started trading now. down 315 points. we have much more on this throughout the rest of the...
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this is a fiscal cliff that we can have 50 days, 60 days down the road. it does not fix the problem if you will have these taxes on $250,000 and above. as rich edson said, this is going to be another deadline in congress has to have. i think everyone needs to get comfortable with the fact that we are going to have these kinds of stopgap last-second deals. gerri: okay, let's get tyler in here too, are republican strategist. is there any common ground can be found here? i mean, this seems to me like a last-ditch effort. let me tell you what it when it was announced today that there was going to be a meeting at 3:00 o'clock from expectations went through the roof. i think people thought something really big was gng to happen at the end of the day. the president is saying that he is modestly optimistic. maybe you would be something by december 31. what do you make of it? >> he is modestly optimistic about no new changes here. you know, the country needs a leader. no matter what party you are from, that is what we need. that's what we need in the president of
this is a fiscal cliff that we can have 50 days, 60 days down the road. it does not fix the problem if you will have these taxes on $250,000 and above. as rich edson said, this is going to be another deadline in congress has to have. i think everyone needs to get comfortable with the fact that we are going to have these kinds of stopgap last-second deals. gerri: okay, let's get tyler in here too, are republican strategist. is there any common ground can be found here? i mean, this seems to me...
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>> the fiscal cliff is basically a series of an expiration of tax cuts as well as some new taxes combined with spending cuts that if we don't reach by the end of the year, we're going to go over, okay? there's a few main points that are really important to look at. the ones that are going to impact average americans most, that's what you need to consider. the first is the expiration of the bush-era tax cuts. what this means is that basically income tax rates are going to go up for nearly all american taxpayers. president obama, of course, is looking to avert the cliff by setting a threshold whereby the higher income earners will pay more but that the middle income and low income earners won't pay more. also to consider is the application of the amt, the alternative minimum tax. this will apply to taxes in 2012. it's one that's actually looking back a little bit and what's going to happen is you're going to see 30 million more americans be subjected to this tax that weren't before. in addition to that, we're also looking at the expiration of the payroll tax holiday. what that could mean is
>> the fiscal cliff is basically a series of an expiration of tax cuts as well as some new taxes combined with spending cuts that if we don't reach by the end of the year, we're going to go over, okay? there's a few main points that are really important to look at. the ones that are going to impact average americans most, that's what you need to consider. the first is the expiration of the bush-era tax cuts. what this means is that basically income tax rates are going to go up for nearly...
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fiscal cliff. or as the "l.a. times" said, that some people will wake up to a new year's eve hang over. will we have a hangover or a deal on new year's day? >> i do not think we will have a deal, the politics right now, it seems that republicans feel like it's better for them to cut taxes on january 1st or 2nd than to do it you now. i don't think that we will have a deal. >> colin, what type of agreements have to be made for this thing to happen, and do you think it can still happen? >> i think there's a pretty good chance of a deal being worked out because you have four deal makers and what do deal makers do when they sit at the table with the clock running out but make a deal. that is the problem, i don't think that we want a deal. i don't think that the american public wants another deal. we want solutions. a year ago we had a chance with the cut cap and balance and now we are looking at back into this fight. and let's focus on spending not taxes. that is where the problem is. >> there's disagreement over what
fiscal cliff. or as the "l.a. times" said, that some people will wake up to a new year's eve hang over. will we have a hangover or a deal on new year's day? >> i do not think we will have a deal, the politics right now, it seems that republicans feel like it's better for them to cut taxes on january 1st or 2nd than to do it you now. i don't think that we will have a deal. >> colin, what type of agreements have to be made for this thing to happen, and do you think it can...
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i am happy republicans are fighting to have a balanced point of view for the fiscal cliff. if the president wants to spend $one. 6 trillion, he should cut the spending by that. it should be 400,000 jobs. people who give us jobs are the people that earn $400,000 and can afford to have a family and pay for employees. i am very grateful for your mentioning the fact he went on 310 campaigns. i was wondering what he was doing when he was not in the office leading. now i understand he was out campaigning. when he does campaign, have you been able to figure out how much he has cost the american taxpayer for the trips he takes? in hawaii, they mentioned he is lazy because he is from hawaii. i am wondering if he spends all his time campaigning. host: it sounds like he might spend time there because it is warmer than washington, d.c. caller: he does not work that much. when he was in chicago in the senate, in the illinois senate, he did not work that hard. he was only marked present. i did not believe that. now i see the way he operates. he does not seem to be doing his job. that is
i am happy republicans are fighting to have a balanced point of view for the fiscal cliff. if the president wants to spend $one. 6 trillion, he should cut the spending by that. it should be 400,000 jobs. people who give us jobs are the people that earn $400,000 and can afford to have a family and pay for employees. i am very grateful for your mentioning the fact he went on 310 campaigns. i was wondering what he was doing when he was not in the office leading. now i understand he was out...
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you'll find links and the latest over the battling turnover fiscal cliff. we'll see you here next week on "washington week." good night and happy new year. >> funding for "washington week" is provided by -- >> this rock has never stood still. since 1875 we've been there for our clients through good times and bad. when their needs changed, we were there to meet them. through the years from insurance to investment management, from real estate to retirement solutions, we've developed new ideas for the financial challenges ahead. this rock has never stood still. and that's one thing that will never change. prudential. corporate fund for "washington week" is provided by -- norfolk southern, boeing. additional funding for "washington week" is provided by the annenburg foundation. the corporation for public broadcasting, and by contributions to your pbs station from viewers like you. thank you. >> ♪ a-wimoweh a-wimoweh a-wimoweh a-wimoweh eee... ♪ >> join us for "the weavers: wasn't that a time" -- the award-winning classic film that documents the career of am
you'll find links and the latest over the battling turnover fiscal cliff. we'll see you here next week on "washington week." good night and happy new year. >> funding for "washington week" is provided by -- >> this rock has never stood still. since 1875 we've been there for our clients through good times and bad. when their needs changed, we were there to meet them. through the years from insurance to investment management, from real estate to retirement...
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about the fiscal cliff. negotiations going on this weekend to try and keep from going off the fiscal cliff. the deadline's now just three days away. president obama's modestly optimistic the top democrat and republican in the senate can work things out. jessica yellin has more on what needs to happen in order to make a deal. >> alison, christy, hi. well, the good news is, things could have been worse. it does seem those of us watching the sidelines as though time is running out. congress does some of its best, at least the speediest work when the nation's back is against the wall. >> reporter: after a rare oval office meeting, the president said he's modestly optimistic a deal can come together, emphasis on modestly. >> the american people are watching what we do here. obviously their patience is already thin. this is deja vu all over again. >> reporter: all sides left in agreement, at least over their next step. >> we'll be working hard to try to see if we can get there in the next 24 hours. >> whatever we
about the fiscal cliff. negotiations going on this weekend to try and keep from going off the fiscal cliff. the deadline's now just three days away. president obama's modestly optimistic the top democrat and republican in the senate can work things out. jessica yellin has more on what needs to happen in order to make a deal. >> alison, christy, hi. well, the good news is, things could have been worse. it does seem those of us watching the sidelines as though time is running out. congress...
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. >>> new year's resolution? will a last-minute fiscal cliff deal get done? and if it does what will it look like. >>> we have a deal. we may still get hit with an automatic tax hike. how much will that cost you? in time for the new year, a new snowstorm headed to the northeast. we'll let you know how bad this will get. and the yore in review, up with of the most unique and appalling takes on the year in review. good morning to you all. welcome to weekends with alex witt. no alex today. taking a much deserved weekend off. i'm t.j. holmes, good to be with you. new this morning, president obama outlining his course of action if we all go off the cliff. >> if an agreement isn't reached on time, then i'll urge the senate to hold an up-or-down vote on a basic package that protects the middle class from an income tax hike, extends vital unemployment insurance for americans looking for a job and lays the ground work for more economic growth and deficit reduction. >> the president is optimistic that a deal can be reached midnight on new year's eve. listen to senate m
. >>> new year's resolution? will a last-minute fiscal cliff deal get done? and if it does what will it look like. >>> we have a deal. we may still get hit with an automatic tax hike. how much will that cost you? in time for the new year, a new snowstorm headed to the northeast. we'll let you know how bad this will get. and the yore in review, up with of the most unique and appalling takes on the year in review. good morning to you all. welcome to weekends with alex witt. no...
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we've got three days to go until we go off that cliff, the fiscal cliff. new today one key congressman is giving us a sober status report of where things are. >> i think there is a sense of urgency, t.j., just because of where we are. we're right at the deadline. as a matter of fact, it looks like we will be here on new year's eve and possibly new year's day. they've already alerted us, members of the house, to look at the possible way of doing that. >> at this hour, senate leaders are scrambling to piece together a last-minute deal to avoid middle class tax hikes and possibly delay steep spending cuts. both sides weighing inned to. >> congress can prevent it from happening if they act now. leaders in congress are working on a way to prevent this tax hike on the middle class, i believe we may be able to reach an agreement that can pass both houses in time. >> republicans hope to work across the aisle to solve these and other critical challenges facing america in the new year. divided government is a good time to solve hard problems. and in the next few day
we've got three days to go until we go off that cliff, the fiscal cliff. new today one key congressman is giving us a sober status report of where things are. >> i think there is a sense of urgency, t.j., just because of where we are. we're right at the deadline. as a matter of fact, it looks like we will be here on new year's eve and possibly new year's day. they've already alerted us, members of the house, to look at the possible way of doing that. >> at this hour, senate leaders...
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senior economic policy reporter at "the new york times." the debt ceiling, the fiscal cliff. we keep trying to solve storms of our own making. nothing being discussed this weekend as steven just made clear. any closer to solving our long-term issues? what we are in at the moment, the reason you are on tv with me right now is this is crisis management that washington is in right now. it doesn't make any sense. >> yeah. it doesn't. and i think that if you look even a month or two ago, folks were talking about starting a tax reform, clean up the code, freeing up money to invest in things like education. nobody's talking about that anymore. you know, right now they're really struggling to figure out what to do with the tax cuts. and, you know, they're not even talking about the sequester very much anymore, which would -- you know, the tax cuts, they would hurt immediately. and everybody's taxes are going up next year if you're a wage earner one way or another because of the payroll tax holiday expiring. but there's a whole host of issues and they're not going to be able to deal w
senior economic policy reporter at "the new york times." the debt ceiling, the fiscal cliff. we keep trying to solve storms of our own making. nothing being discussed this weekend as steven just made clear. any closer to solving our long-term issues? what we are in at the moment, the reason you are on tv with me right now is this is crisis management that washington is in right now. it doesn't make any sense. >> yeah. it doesn't. and i think that if you look even a month or two...